Bill
Bill > SB103
summary
Introduced
01/13/2025
01/13/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
06/27/2025
06/27/2025
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act modifies the experience and education required to take the CPA exam and to be a CPA. (Flesch Readability Score: 61.6). Modifies experience and education requirements to take the certified public accountant exam- ination and qualify for a certificate of certified public accountant.
AI Summary
This bill modifies the requirements for becoming a Certified Public Accountant (CPA) in Oregon by updating the educational and experience qualifications for obtaining a CPA certificate. Specifically, the bill allows candidates to qualify for a CPA certificate through multiple pathways based on their educational attainment: those with a bachelor's degree can obtain the certificate with two years of experience, those with a master's degree can qualify with one year of experience, and those with a bachelor's degree who have completed at least 150 semester hours of college education can also qualify with one year of experience. The bill requires that all experience must be verified by a licensed and professionally standing CPA, public accountant, or chartered accountant. Additionally, applicants must pass an ethics examination, meet the board's examination requirements, and successfully complete all sections of the CPA exam. The certificate will be valid for two years and require renewal, and the changes will apply to individuals seeking CPA certification on or after the effective date of the act. These modifications aim to provide more flexible pathways to professional certification while maintaining rigorous standards for accounting professionals.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
In committee upon adjournment. (on 06/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB103 |
| SB 103 (witness registration) | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/CommitteeMeetingDocument/288697 |
| SB 103 Preliminary SMS | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/CommitteeMeetingDocument/288576 |
| Open Government Impact Statement for SB103 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84302 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB103/Introduced |
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